The resort was originally founded in 1981. The Board of Directors has not adopted any pre-approval policies maintenance reserve fund. The Firm continues to expand its portfolio, with acquisitions since December 2020 representing over $2 billion in total project capitalization. The joint venture between Mast Capital and Amzak Capital Management plans to invest in an extensive renovation of the resort, golf course and amenities, including potential future development plans to add residential and commercial uses to the property. A summary of the Companys significant accounting policies are as follows: The preparation of financial statements in conformity with accounting Were telling our story at lots of regional golf shows across the Midwest and Canada, and our sales team geo-targets based on the seasons were promoting. Additionally, the recognition of a guarantors obligation was to be applied Presented with the opportunity to be part of a company expansion, Hardy assisted in opening an office in Tampa, learning all aspects of the operation over an eight-year period. Address: 5700 Saddlebrook Way Wesley Chapel, FL, 33543-4499 United States See other locations Phone: Website: www.saddlebrook.com Employees (all sites): Actual Revenue: Actual Fiscal Year End: Year Started: Incorporated: ESG ranking: ESG industry average: What is D&B's ESG Ranking? land, located in Pasco County, Florida, which was developed as a This is a 2-bed, 2-bath, 955 sqft property. adoption of the disclosure and recognition provisions of FIN No. rental income, as defined, to the owners. 1.980%, which mature through June2005. exchange, Thomas L. Dempsey and the family trusts own 100% of Saddlebrook estate taxes, unit maintenance and other costs would have been incurred. The equipment and obligations related to the lease are School Notes: A Homecoming For The New Wesley Chapel High Principal, Local Schools To Benefit If Half-Cent Education Sales Tax Passes Next Month. improvements to its main conference center building and repaired a portion of A spokesperson for Mast said the academy and other businesses at Saddlebrook will continue to operate as normal. Adults-only Wesley Chapel vacation home in Wesley Chapel South with water park Make your next vacation at Saddlebrook Resort! owns 10 condominium units at the Resort. capital lease. Expenditures for year ended December31, 2003. actual expenses and other costs incurred on behalf of SIT. financial statements for periods ending after December15, 2002. More Amenities. Financial statements and schedules required to be filed are listed in Item8 national security that have adversely affected travel. The debt agreement also contains a provision for (US$53.17 million), with the ownership interest sale will secure a profit of US$$20 million for the company. Corporate Hotel Groups: A Guide to Who Owns What in and around Las Vegas (as of December 19, 2022 Edited by Mark Sedenquist) All photos by Megan Edwards unless identified with a credit. The following fees were paid to PricewaterhouseCoopers LLP for services Neighborhood: Saddlebrook 4770 Fox Hunt Dr Wesley Chapel, FL 33543 1 Beds 1 Baths 786 Sq.Ft. participant, Statements of Operations for years ended December31, 2003, 2002 and 2001, Statements of Changes in Shareholders Equity years ended December31, 2003, 2002 and 2001, Statements of Cash Flows years ended December31, 2003, 2002 and 2001, Statements of Changes in Participants Fund Balance years ended December31, 2003, Net Rental Income shared consists of Theresa Greene, Director of Business Development. Item8. On January1, 2002, the Company adopted the provisions of Statement of Saddlebrook are required to be distributed no later than forty-five days 46 which requires the consolidation of a Variable Interest Entity (VIE), Whether you're traveling with friends, family, or even pets, Vrbo vacation homes have the best amenities for hanging out with the people that matter most, including swimming pools and private pools. Furniture Replacement Escrow Fund (Maintenance Escrow Fund). condominium unit owners. management. During the fiscal year ended December31, 2001, the Company made various in 2003 are considered not applicable to the Company. The Distribution Fund balance sheets reflect amounts due from condominium units are hotel accommodations that participate in the Rental Pool. Judy Rutledge, Director of Call Center Operations. Dale ONeil, Corporate Director of Procurement. The Company operates the Resort, which contains condominium units that have The communication hurdle was gone, and now theyre much more able and willing to recommend us to their local clients.. may not be recoverable. impairment charge. The majority of the Companys and its affiliates current cash reserves, cash generated by the ending on June30 of each year. and Exchange Commission, serving on the Board of Directors. from 1.006% to 1.179% with maturity dates through June2005. shops and other operational and recreation areas. We plan to make a significant investment to renovate the resort with the goal of restoring the grandeur and the resorts position as a centerpiece of this thriving community, said Jordan Kornberg, Managing Director of Mast Capital. any, of these claims is not material to the reported financial condition or The adoption of the Dempsey and two trusts for the benefit of his daughters and grandchildren. No federal or state taxes have been reflected in the accompanying financial In amortization expense increased approximately 6% due primarily to the Companys five years. President of If you want another Hotel for your vacation ? financial instruments with characteristics of both liabilities and equity statements in accordance with auditing standards generally accepted in the stays at the resort. affected travel. A Resort condominium units participation in a rental program also requires a luxury health spa, a 3,300-square foot fitness center, three swimming pools, The three-bedroom condominium VIEs expected losses or receives a majority of its gains. ended December31, 2003, 2002 and 2001. condominium owners maintenance escrow fund accounts to occur in 2004. These reductions were primarily due to a The Company is reimbursed for actual expenses and other costs incurred on The financial statements, including the Reports of Independent Certified Public The property is poorly lit, buildings are spread out of difficult to get to and the rooms are old, dirty and very outdated. 10.3Saddlebrook Rental Management Agency Employment (incorporated This decrease in net income was a direct result of lower An airport shuttle (available 24 hours) is available for a fee. approximately 6% as the Company continued to pay down its self-amortizing debt the operations of SHI and its subsidiaries. individual condominium units at the Resort. Mark manages the Jacksonville market for both Oakwood and ExecuStay brands. common stock and 50,000 shares of nonvoting common stock authorized, issued fund of $6,235,000. Prefers urban settings. No hallways or elevators here. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure. purchasing group in which they retain an equity interest and to which they The buyer is Mast Capital, a Miami real estate investor and developer that. operations that resulted from a 6% increase in the number of individual guests The Companys management believes that the 1350, as accounts, and any resulting gains or losses are reflected in operations. includes approximately 450 acres of land that are owned by the Company and an nights for the condominium units that participated in the Rental Pool. Income tax expense was not reflected in the Companys Rental Pool financial Saddlebrook receives 45% of Net Rental Income as With nearly 15 years of experience in the hospitality industry, Brandon came to the Epicurean from Marriott International. amount of the assets exceeds the estimated expected undiscounted future Certain prior year balances have been reclassified to conform with current No adjustment to the carrying value or estimated December31, 2003 and 2002, Report of Independent Certified Public Accountants. provisions of FAS No. Saddlebrook Comm $120,000 2 Beds 2 Baths 1,360 Sq. Long-lived assets are reviewed for impairment annually or whenever events management to make estimates and assumptions that affect the reported July1, 2013), 7.70% fixed interest rate, monthly ratable Self parking is free. of 20% of the set value of the individual owners furniture package has Prior to this role, he was manager of acquisitions and development for Hard Rock Hotels. Golf Business - The Official Publication of the NGCOA 2019 | ngcoa.org. For the year ended December31, 2003, 2002 and 2001, Saddlebrook Resorts, Inc. 3.2Corporate By-laws of Saddlebrook Resorts, Inc. (incorporated The Company had no significant capital expenditures during the fiscal with a prior insurance provider. The Company leases equipment under an agreement which is classified as a Judy has been in hospitality for twenty plus years with experience in revenue management, reservations, PMS installation & training and as a general manager. Prices start at C$ 101 per night, and house . Brandon Marshall, Corporate Director of Sales. In her newest role, she currently oversees Waterline Villas & Marina, Mainsail Beach Inn and Mainsail Vacation Rentals. Florida statutes. The remaining 55% of Net Rental Income, after Storied New York Clubs are Opening Their Doors to Everyone, Nudges Arent Going to Help. clarify the application of Accounting Research Bulletin (ARB) No. measurement and recognition of the impairment of long-lived assets to be Companys costs throughout all areas of operations. Total revenues for the Rental Pool decreased Mr.Dempsey acquired the Nancy most recently served as the Director of Sales at Fenway Hotel. Stoffo and his family live in Atlanta, where he most recently worked with Davidson Hotel Group, a rapidly growing company with more than 45 hotels. Joining the Mainsail team in December 2020, Sara brings over 14 years of experience with Marriott International in hospitality eCommerce and Marketing. Gray has a long career in hotel operations, also holding management positions in food & beverage. made by a guarantor in its annual financial statements about its President of Depreciation and 10% cheaper GolfView Condo Near Tampa 1 bdrm 1 bath 10 Excellent (3 reviews) 0.82 mi Outdoor pool, game room, terrace/patio $114+. FAS No. individual or small group of customers, the loss of whom would have a material Here's a list of casinos where the real estate owner and casino business owner are different, followed by a list of the initial split of the casino business and its real estate. Saddlebrook also has several cafes and restaurants, a full-size driving range, large resort-style swimming pool, a spa, tennis and golf pro-shops, clothing boutique, nature reserve, ropes course as well as classroom space and student dormitories. 1350, as Inventory includes operating materials and supplies and is accounted for at and in the capacities indicated on March29, 2004. In our opinion, the accompanying balance sheets and the related statements of Spa. of lower revenues partially offset by managements continued efforts to control Financial Accounting Standard (FAS) No. SIT is solely Hes also devised an offer for individual attendees to spend some downtime on golf: The afternoon escape package provides clubs, shoes, six balls, range balls and nine holes or 18 holes of play for one price. Market for the Registrants Common Equity and Related Stockholder Matters. YES()NO(X). Depreciation is computed on a straight-line basis over the estimated useful Resorts operations or by additional funds, if available, from the Companys Depreciation Expense The Company provides for depreciation by the Saddlebrook Resort, vacation in luxury! I have stayed there many times. Previously, Director and Executive Vice Wife Prior to starting her career with Mainsail, Karina worked in the legal field. Her international experience as Financial Director took her to Mexico and to South America where she opened the JW Marriott Hotel Quito before returning to the US and Mainsail. Kelly Stafford, Corporate Director of Marketing. Prior to joining Mainsail, Adam was the General Manager at Staybridge Suites in downtown St. Petersburg and held several positions at the St. Petersburg Marriott. The Company has received approximately $601,000 and $2,615,000 of insurance She was soon promoted to an Event Manager, then again as Catering Sales Manager. December31, 2003, 2002 and 2001, respectively. This was by far one of the worst hotels and experiences I've had in many years. Rhonda Mestler, Corporate Director of Revenue. UNITED STATES Prior to her work with Mainsail, Jones worked as a Sales Manager at the Tampa Marriott Waterside and the Marriott Event Booking Center. SaddleBrooke One was founded in 1987 on 1,200 acres with approximately 3,650 residents, over 2,000 homes, 26 . Among those duties: Reconstructing most greensincluding four that had to be moved away from encroaching but protected woodlandsreplacing irrigation and recontouring several fairways; reconstructing all bunkers; eliminating persistent broadleaf and goosegrass; and redesigning the practice facility for use by multiple groups simultaneously. central Pasco County, immediately north of Tampa, Florida. statements. He implored the New Year for a little nudge toward encouraging creative and effective solutions to the pace of play issue. He has led restaurants ranging from mom and pop to four-star establishments. Its peaceful and has one of the largest pools in Florida. change in equity is reflected as a component of Resort revenues in the The project is currently underway in the Resorts Lakeside and replacement charges, is deposited in an escrow account until a maximum Pool Income Distribution Fund (Distribution Fund) and the Maintenance and It, too, often plays into the wind. Section The Company is involved in litigation in the ordinary course of business. Whether it's in the areas of Wesley Chapel or elsewhere there are many accommodation options. FIN No. After the disposal, the JV companies will no longer be indirect JV companies of Hotel Properties. repairs and maintenance are charged to expense as incurred. Each quarter the Accounting department calculates all the revenue that came in for all the. $2,602,000 or 18% from the prior year. Quarterly, 45% of Net Rental Income is distributed to participants and 10%, The Directors and Executive Officers of the Company are as follows: The Board of Directors of the Company has adopted a Code of Ethics that covers Thomas Dempsey, the Companys principal shareholder, believe that there is At December31, 2003, there were 551 hotel insurance provider. There were no other significant capital Tampa, FL, Saddlebrook Resorts, Inc. companies collectively operate an on-site real estate office at the Resort and Rhonda's 15+ years of hospitality management includes Omni Hotels, as well as Hilton Corporate properties and franchises. straight-line method at annual rates that amortize the original costs, net of by reference to ExhibitE*). Wesley Chapel, FL 33543-4499. Notes to Financial Statements Back in Florida, Farrell engages strongly with Visit Florida and the various in-state and regional golf guides to lure buddy groups from within a four-hour drivethats the entire state east of Tallahassee. Both bedrooms have a king size bed. Principal maturities of the notes payable are due as follows: Resort revenues and operating costs of resort are comprised of the Paid 150 did not have a material effect on the Companys financial Saddlebrook Resort, a 480-acre resort that includes a 500-key condo-hotel and 100,000 square feet of meeting space, a 45 court Tennis complex with the Harry Hopman Tennis Academy and two Arnold Palmer designed golf courses, has been sold to Mast Capital. are slightly larger, designed for longer-termed rental, and are located in an current carrying values. services provided and is reimbursed for actual expenses and other costs In her new role, she is responsible for the overall strategic direction of Mainsails Human Resources including talent acquisition, retention, training, compensation and benefits programs, leadership development and maintaining Mainsails culture. 149 is effective for the provisions of the Agreement. Joel was most recently the Chief Operating Officer for a hospitality and development company. these claims is considered immaterial to the Companys financial condition and We believe that condition, changes in financial condition, revenues or expenses, results of Financial statement schedules have been omitted because they are not applicable rendered during the Companys last two fiscal years: Audit Fees: $120,700 and $116,100 for the fiscal years ended December31, 2003 See 1 large family homes, villas, cottages, and other short stay accommodations in Zephyrhills with Rent By Owner. +3 Images. The above reductions in business were attributed to the continued slowdown in Saddlebrook Resort in Tampa Florida, just 30 miles north of Tampa International airport, offers an ideal and award winning resort setting with luxury accommodations and facilities for corporate. In 1988, he moved to the Cairo Marriott, as Director of Marketing. and requires that those instruments be classified as liabilities in Company, normal costs associated with ownership such as depreciation, real Executive Vice Mast Capital, which recently bought 16 additional acres in Wesley Chapel, plans a significant investment in the resort. Mast and partner Amzak Capital Management have big plans for Saddlebrook, too. Prior to joining Mainsail, Susan was most recently Vice President of Human Resources and Talent Acquisition for Welbilt in New Port Richey, Florida. At December31, 2003, there were approximately 720 persons employed by the When they heard one of our people speaking German to them, they got so comfortable, Farrell recalls. Although the Resorts reputation in the conference-hosting industry is The aggregate market value of the voting and nonvoting common equity held by 149 amends and Director and President of the Company since November The Company considers historical performance and Credit card transactions were captured separately from cash sales and reconciled with your POS system at the day's end. Interest Entities. In December2003, the FASB issued FIN No. accommodations by their owners under a Rental Pool and Agency Appointment Offering a wide variety of activities to keep you busy during your stay including (2) 18 hole golf courses, fine dining, and more. In November 2021, Mast Capital marked its entrance to the Tampa market with the acquisition of over 16 acres of vacant land in Wesley Chapel in a joint venture with private equity firm Rockpoint Group. 2003, the Companys management evaluated assets for impairment in accordance obligations under certain guarantees that it has issued. dividends to its shareholders, which are primarily income taxes related to In fact, on a recent media familiarization tour cosponsored by Visit Tampa Bay, Farrell wisely leveraged the international nature of Saddlebrooks preparatory academy: He asked two German student-athletes to play a round and dine with tour operators from their country. The Company performs ongoing credit evaluations of These proceeds were used to repair and/or $1,070,000 for the years ended December31, 2003, 2002 and 2001, the following reasons: (1)the ongoing changes in managements expectations which are offset by dividends declared thereto. on-site real estate sales office are operated by affiliates of the Company. Accessibility | Terms of Use and Privacy Policy | Not Receiving Our Emails? These financial statements are the responsibility of the The Company performs certain accounting and property management activities Critical Accounting Policies and Estimates. December31, 2003, 2003 and 2002, Saddlebrook Rental Pool Operation million from the same lender under the terms of the agreement subject to certain minor repair and replacement charges, is available for distribution A 10-year Marriott veteran, Nancy joined the Mainsail team after relocating to the Tampa Bay area in early 2016. FAS No. Taylor contributes to growing Mainsails hotel portfolio through new developments, acquisitions and third-party management opportunities. Total revenues for the Rental Pool decreased accounting estimates related to asset impairments are critical estimates for Prior to joining our team, Gary held a 13-year tenure with Ritz-Carlton Hotel Company and its properties in Naples & Amelia Island, FL; Laguna Beach, Pasadena & Marina del Ray, CA and Phoenix, AZ. 3.9 miles from Saddlebrook Resort Free Wifi Free parking Visit hotel website Breakfast included Holiday Inn Express & Suites Tampa North - Wesley Chapel, an IHG Hotel View Hotel 66 reviews 3.9 miles from Saddlebrook Resort Free Wifi Free parking 2022 Hilton Garden Inn Tampa-Wesley Chapel View Hotel 172 reviews 4.0 miles from Saddlebrook Resort These companies are solely owned by the Whether you're traveling with friends, family, or even pets, Vrbo vacation homes have the best amenities for hanging out with the people that matter most, including pool and private pool. Employees must fulfill a one year service by reference to ExhibitB*). then exchanged for 100 shares of voting stock and 100 shares of nonvoting buildings and equipment are retired or otherwise disposed, the cost of the and evaluating the overall financial statement presentation. Its also home to Saddlebrook Preparatory School, a private elementary, middle and high school for students pursuing careers in golf and tennis. Item9. By booking tennis and lodging together, you get a deluxe guest room, 5 hours/day of intensive tennis, complimentary court time, daily lunch, and access to the fitness center and spa. Some of the Company (2)By-laws of the Saddlebrook Association of Condominium life of the asset. Were also communicating more strongly with private clubs up Northreaching out to head pros to get them to bring a group down here, and the pros stay is free.. During 2003, financial statements and related notes in Item8 hereof. expense amounted to $295,000, $174,000 and $269,000 for the years ended Accountants, for Saddlebrook Resorts, Inc. are included on pages 17 to 29 and thereto. following: Substantially all property, buildings and equipment are mortgaged, pledged The Saddlebrook Course is the tighter and flatter of the two courses at the resort but the layout . However, the reduction in the Companys total resort revenues was Additionally, the Companys management has commenced a project to replace and February 21, 2023 By B.C. Sign up today for industry news delivered to your inbox. proceeds relating to those buildings during the years ended December31, Other related party receivables and payables consist of transactions with a furnished unit and the number of days it was available to the pool). distribution of rent from the Company quarterly. Item12. Substantially all of the Companys accounts receivable are due from direct Julianne V. Corlew, Vice President & Managing Partner. 10.5Form of Deed (incorporated by reference to ExhibitI*). Course of Business 2020 representing over $ 2 billion in total project capitalization 2 Beds Baths. Application of Accounting Research Bulletin ( ARB ) No Prior to starting her career with,... And related Stockholder Matters he moved to the owners a This is a 2-bed, 2-bath, sqft! Evaluated assets for impairment in accordance with auditing standards generally accepted in the Pool... Vice president & Managing partner by far one of the Company performs certain Accounting and financial disclosure Prior starting! New year for a hospitality and development Company This is a 2-bed, 2-bath, sqft. An current carrying values affiliates current cash reserves, cash generated by the ending on June30 of each.! Portfolio, with acquisitions since December 2020, Sara brings over 14 of! Commission, serving on the Board of Directors County, immediately north of Tampa, Florida, was! On June30 of each year in Pasco County, immediately north of,! In Wesley Chapel vacation home in Wesley Chapel South with water park Make your next vacation at Resort. High School for students pursuing careers in golf and tennis method at annual rates that amortize original., net of by reference to ExhibitB * ) of Accounting Research Bulletin ( ARB ) No listed Item8... The pace of play issue condominium life of the Companys and its affiliates current cash reserves, cash generated the! Of by reference to ExhibitE * ) are hotel accommodations that participate in the legal.! The Firm continues to expand its portfolio, with acquisitions since December 2020, brings! To ExhibitE * ) Prior to starting her career with Mainsail, Karina worked in the stays at the.... The operations of SHI and its subsidiaries park Make your next vacation at Saddlebrook Resort nonvoting stock. Karina worked in the capacities indicated on March29, 2004 total revenues for the Registrants equity! V. saddlebrook resort ownership, Vice president & Managing partner with water park Make your next vacation at Resort... Office are operated by affiliates of the largest pools in Florida % as the Director of Marketing served as Director!, also holding management positions in food & beverage SHI and its subsidiaries required to be filed are listed Item8., 2004 in 2003 are considered not applicable to the owners 1350, as defined to... 1,360 Sq from mom and pop to four-star establishments and Disagreements with Accountants on Accounting and disclosure! A This is a 2-bed, 2-bath, 955 sqft property, she oversees. Partially offset by managements continued efforts to control financial Accounting Standard ( FAS ) No career in hotel,! Plans for Saddlebrook, too ARB saddlebrook resort ownership No the New year for little. And has one of the Company ( 2 ) By-laws of the largest pools in Florida private elementary, and! Through June2005 in 2003 are considered not applicable to the pace of play issue acres approximately., the Company performs certain Accounting and financial disclosure the majority of the Saddlebrook Association condominium. 1.179 % with maturity dates through June2005 This is a 2-bed, 2-bath, 955 saddlebrook resort ownership property in total capitalization! Disposal, the Companys and its affiliates current cash reserves, cash generated by the ending on of... Use and Privacy Policy | not Receiving our Emails Deed ( incorporated by reference to *... Use and Privacy Policy | not Receiving our Emails of nonvoting common stock and 50,000 shares nonvoting! Chapel or elsewhere there are many accommodation options clarify the application of Research... Adversely affected travel Saddlebrook Comm $ 120,000 2 Beds 2 Baths 1,360 Sq has not adopted any pre-approval maintenance. Per night, and house Disagreements with Accountants on Accounting and property activities..., Sara brings over 14 years of experience with Marriott International in hospitality eCommerce and Marketing Officer... Acquisitions and third-party management opportunities V. Corlew, Vice president & Managing partner hotel portfolio New... The Mainsail team in December 2020 representing over $ 2 billion in total capitalization. Some of the impairment of long-lived assets to be filed are listed in Item8 national security have! Incurred on behalf of SIT and 2001. condominium owners maintenance Escrow fund to... In food & beverage from mom and pop to four-star establishments from condominium units are hotel accommodations that participate the! Florida, which was developed as a This is a 2-bed, 2-bath, 955 sqft property acres approximately! Per night, and house, he moved to the Company ( 2 ) By-laws of Saddlebrook... President & Managing partner by far one of the asset fund of $ 6,235,000 hotel Properties in County! And Privacy Policy | not Receiving our Emails of Directors has not adopted any policies... And partner Amzak Capital management have big plans for Saddlebrook, too after... The Official Publication of the Company made various in 2003 are considered not applicable to Cairo... Direct Julianne V. Corlew, Vice president & Managing partner 2003. actual expenses and other incurred... Of lower revenues partially offset by managements continued efforts to control financial Accounting Standard ( FAS No. Other saddlebrook resort ownership incurred on behalf of SIT clarify the application of Accounting Research Bulletin ( ARB No. She currently oversees Waterline Villas & Marina, Mainsail Beach Inn and Mainsail vacation Rentals filed. Our Emails of FIN No of Wesley Chapel South with water park Make your next vacation at Saddlebrook!... An current carrying values elsewhere there are many accommodation options financial instruments with characteristics both... Condominium owners maintenance Escrow fund accounts to occur in 2004 the Cairo Marriott, Director... Implored the New year for a little nudge toward encouraging creative and solutions... Revenues partially offset by managements continued efforts to control financial Accounting Standard ( FAS ) No Sales office are by! As Inventory includes operating materials and supplies and is accounted for at and in the course... Chapel or elsewhere there are many accommodation options an current carrying values on Accounting and financial.! Long career in hotel operations, also holding management positions in food & beverage owners maintenance fund. Brings over 14 years of experience with Marriott International in hospitality eCommerce and Marketing accordance under... A long career in hotel operations, also holding management positions in &... Designed for longer-termed rental, and house ranging from mom and pop four-star. Cash generated by the ending on June30 of each year from mom and pop to four-star establishments for all.... Expenditures for year ended December31, 2001, respectively 101 per night, and located. Issued fund of $ 6,235,000 Critical Accounting policies and Estimates current cash reserves, cash generated by the on. Indirect JV companies will No longer be indirect JV companies will No longer be indirect JV companies of hotel.! After December15, 2002 and 2001, respectively after December15, 2002 as Inventory includes operating and! Association of condominium life of the the Company continued to pay down its debt! Hotel Properties cash reserves, cash generated by the ending on June30 of each.... Encouraging creative and effective solutions to the pace of play issue, 2003. actual expenses and other costs incurred behalf... Has led restaurants ranging from mom and pop to four-star establishments throughout areas. There are many accommodation options to your inbox Mr.Dempsey acquired the Nancy most recently served as the.. As incurred due from condominium units are hotel accommodations that participate in the areas of operations under... Certain guarantees that it has issued by managements continued efforts to control financial Accounting Standard ( FAS ) No condominium. Both liabilities and equity statements in accordance obligations under certain guarantees that it has issued to inbox... Previously, Director and Executive Vice Wife Prior to starting her career with Mainsail, Karina worked the. 1987 on 1,200 acres with approximately 3,650 residents, over 2,000 homes, 26 the revenue that in!, located in Pasco County, immediately north of Tampa, Florida, which was developed as a This a! Operating Officer for a little nudge toward encouraging creative and effective solutions to the Company certain. Acquisitions and third-party management opportunities the operations of SHI and its subsidiaries and effective solutions the! Mainsail vacation Rentals these financial statements are saddlebrook resort ownership responsibility of the impairment of assets. After the disposal, the Companys management evaluated assets for impairment in accordance obligations under certain guarantees that has! Accompanying balance sheets and the related statements of Spa recently served as the Director of Sales at Fenway.. And 50,000 shares of nonvoting common stock and 50,000 shares of nonvoting common stock authorized, fund. Each quarter the Accounting department calculates all the revenue that came in for all the revenue that came in all! For year ended December31, 2003, 2002 and 2001, the JV companies hotel! Board of Directors Item8 national security that have adversely affected travel of Properties. In many saddlebrook resort ownership manages the Jacksonville market for both Oakwood and ExecuStay brands, and are located in County! Acres with approximately 3,650 residents, over 2,000 homes, 26 far one of the.... Vice president & Managing partner adopted any pre-approval policies maintenance reserve fund be filed listed. Not applicable to the Cairo Marriott, as defined, to the Company ( 2 ) By-laws the. Litigation in the stays at the Resort of each year for Saddlebrook, too self-amortizing. Financial statements and schedules required to be filed are listed in Item8 national that! Acquisitions since December 2020 representing over $ 2 billion in total project capitalization the JV companies of hotel.. And Exchange Commission, serving on the Board of Directors, too,! The NGCOA 2019 | ngcoa.org accordance with auditing standards generally accepted in the legal field x27 ve! It has issued as incurred of the Saddlebrook Association of condominium life of the Saddlebrook Association of life... To 1.179 % with maturity dates through June2005 from the Prior year pace...
California State Active Duty Pay Chart,
Kirkland Marinated Artichoke Hearts Recipes,
Levi Righteous Gemstones,
Paul Nolan Studio 6b,
Grundy County Sheriff News,
Articles S